Tag Archives: Golden Triangle Development Link

By JACK WEATHERLY Raising $1.2 billion for an industrial project can be a daunting task, if not a deal killer. For economic developers in Mississippi, American Specialty Alloys’ protracted and secretive efforts in that regard became an issue that ultimately sent the project south to Pineville, La. American Specialty started out last year with a show of force that augured well ...

JACKSON — Bankrupt biofuel maker KiOR and controlling shareholder Vinod Khosla say the state of Mississippi is using legal tactics in an attempt to squeeze money from the company. KiOR, based in Pasadena, Texas, fired back Thursday at the Mississippi Development Authority’s December call to convert KiOR’s case from Chapter 11 reorganization into Chapter 7 liquidation. “The motion reflects a ...

COLUMBUS — Mississippi officials say they didn’t get any money from faltering biofuel firm KiOR on Friday, the deadline for the company to make a $1.9 million debt payment. KiOR, based in Pasadena, Texas, has a grace period of three business days to make the payment, so it wouldn’t officially break its agreement until midnight Wednesday. A spokeswoman for KiOR ...

A bankrupt toilet seat maker which a dozen years ago was Columbus’ largest manufacturing employer has told workers it will close at the end of April if it does not find a buyer by then. But that date announced by Sanderson Plumbing Products may not be as firm as it sounds, said Joe Max Higgins, CEO of the Golden Triangle ...

The Tennessee Valley Authority has honored Joe Max Higgins Jr., CEO of the Golden Triangle Development LINK with the inaugural Mega Developer Award. Higgins’ leadership has resulted in completion of 140 major community and economic development projects, the creation of 16,000 manufacturing jobs and more than $5.5 billion in industrial investments. He was instrumental in helping attract Yokohama Tire, and ...

STARKVILLE, Mississippi – C Spire unveiled plans today to build a $20 million data center in Northeast Mississippi that will offer businesses a full suite of cloud solutions to help it manage mission-critical data, infrastructure and enterprise applications. The 22,400-square-foot center will be located on a 6.5-acre site at Thad Cochran Research, Technology and Economic Development Park in Starkville. C ...

Golden Triangle Development LINK officials Thursday will reveal details about a $20 million technology initiative that they say will boost the regional technology infrastructure for business and bring new investment and expansion opportunities to the Southeast region. The announcement is set for Thursday at 2:3o p.m. at the Thad Cochran Research Park in Starkville. In a news release, officials said ...

STARKVILLE — Starkville and Oktibbeha County officials are hoping for an announcement as early as October on a proposed $20 million data processing facility. The Commercial Dispatch reports that Joey Deason, Oktibbeha County’s representative with the Golden Triangle Development Link, said a tentative announcement date of Oct. 3 has been set for what is called “Project Cumulus.” Deason released no ...